Chicago Fed chief: More coronavirus aid "incredibly important"
The president of the Federal Reserve Bank of Chicago said additional federal aid is needed to address the economic impact of the pandemic.
Unemployment
Trump signs measures to boost economic aid but could face challenges
Unemployment benefits at $400 a week were included, lower than the previous rate of $600 a week.
Trump signs COVID relief executive orders
President Trump signed several executive orders on economic relief amid the coronavirus pandemic, including an extra $400 a week in unemployment benefits. Under the CARES Act, the added benefits came out to an extra $600 per week. Watch his remarks.
Gender pay gap worse for Black, Latina women
The Equal Pay Act passed in 1963, making gender-based wage discrimination illegal. However, more than 50 years later women are still paid less than their male counterparts. The pandemic could be making the situation worse, with women suffering more job losses than men. For Black and Latina women, the gap is even bigger. Michelle Miller explains.
What do July's lagging job gains mean?
A July jobs report that saw 1.8 million new jobs created and a lowering of the national unemployment rate comes amid negotiations in Washington over a second stimulus package. However, the pace of hiring appears to be slowing as more states slow down or roll back their reopenings. CBS News senior business analyst Jill Schlesinger joins "CBS This Morning: Saturday" for what this all means, and what the numbers say about the future of the U.S. economy.
Trump vows COVID-19 stimulus executive order
President Trump called a sudden press conference Friday evening where he signaled he will take executive action on unemployment, student loans and evictions after lawmakers were not able to reach a deal. However, the president was vague about when he would do this or if he really had the power to decide issues that are usually left to Congress, as tens of millions of Americans remain in limbo. Paula Reid reports.
Unemployment falls to 10.2% amid stimulus debate
Unemployment stimulus talks ground to a halt on Friday as the unemployment rate dropped to 10.2%. It is unclear what the White House can do to restore federal unemployment benefits that lapsed for millions of Americans last week. Nancy Cordes reports.
Dems and GOP remain deadlocked on stimulus
President Trump is considering taking executive action as lawmakers remain deadlocked in stimulus negotiations. CBS News White House correspondent Weijia Jiang joins CBSN to talk about the latest.
Employers slowed hiring in July as coronavirus spread
So far, less than half of all the country's jobs lost during March and April shutdowns have returned.
July unemployment falls to 10.2%
The economy added 1.8 million jobs in July, dropping the unemployment rate to 10.2%. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss the numbers and whether a second wave of layoffs is expected at small businesses.
Laid-off workers across America endure loss of $600 aid
Millions thrown out of work because of pandemic are straining to afford the basics now that an extra $600 a week in federal help has expired.
Unemployment claims top 1 million for 20th straight week
Nearly 1.2 million workers applied for unemployment benefits last week, marking the 20th straight week with claims crossing one million. Mark Strassmann reports.
1.18 million filed for unemployment last week
1.18 million Americans filed new claims for unemployment last week as the government continues to struggle with a second coronavirus stimulus package. Norm Champ, former director of the Division of Investment Management at the SEC, joins CBSN with insight into these numbers and why they might signify a slow reopening of the economy.
Fewer Americans filing for unemployment aid
The number of people applying for initial unemployment benefits fell below 2 million for the first time since March.
Fridges full of free food help fight hunger
Fifty-four million Americans could face hunger due to the coronavirus pandemic. In the "CBS This Morning" series A More Perfect Union, Vladimir Duthiers reports on a nationwide movement stocking sidewalk fridges across the country with free food. It's a grassroots movement looking to feed those in need, one healthy bag of food at a time.
WH trade adviser on struggling economy
The Trump administration's director of the Office of Trade and Manufacturing Policy, Peter Navarro, joins "CBS This Morning" ahead of a trip to Ohio with President Trump. He discusses the president's planned executive order, which he calls "pure Trump," aimed at sweeping away regulatory barriers on "traditional manufacturing, pharmaceuticals on our shores."
Millions lose health coverage during pandemic
In this installment of Eye on Money, "CBS This Morning" takes a look at how the economic crisis brought on by the coronavirus pandemic is not just costing jobs, but leaving millions of Americans without health coverage. More than 50 million people have applied for unemployment since the pandemic began, and nearly half of U.S. workers get their health insurance through work. One study found that an estimated 5.4 million American workers lost their health insurance in just three months. Michelle Miller reports, and CBS News business analyst Jill Schlesinger joins the show to discuss coverage alternatives and what Americans who lost their coverage can do.
Relief bill stalled over jobless benefits
White House advisers and top Democrats are set to meet again today to continue negotiations over the next round of coronavirus relief legislation. Disagreements over extending federal unemployment benefits remain a sticking point. CBS News political reporter Grace Segers joins CBSN with the latest.
Democrats reject offer to extend unemployment benefit short-term
Congressional Democrats argue that the White House does not understand the severity of the situation facing Americans.
Kashkari: Virus "fear" a major factor to declining consumer activity
President and CEO of the Federal Reserve Bank of Minneapolis projects if the U.S economy can grow, the country will be able to pay off its trillions of deficit spending
Clyburn calls for long-term extension of unemployment
The House Majority Whip says he would support any measure that extended beyond a one-week extension of benefits.
Open: This is "Face the Nation," August 2
Today on "Face the Nation," Coronavirus deaths and infections continue to rise in the U.S. as July marks the worst month for new cases since the beginning of the pandemic.
8/2: Face The Nation
This week on "Face the Nation," coronavirus deaths and infections continue to rise in the U.S. as July marks the worst month for new cases since the beginning of the pandemic.
GOP softens position on $600 jobless benefit
White House chief of staff Mark Meadows and Treasury Secretary Steven Mnuchin are scheduled to meet with Democratic leaders Saturday morning as a program that provided a $600 weekly supplement to unemployment benefits amid the pandemic expired overnight. The federal program has been the subject of fierce debate between President Trump and congressional Republicans, who have recently softened on the subject of an extension, and Democratic lawmakers. Nikole Killion reports on the ongoing negotiations.
Extra $600 in unemployment benefits ends
A vital lifeline for more than 25 million Americans is about to disappear, as closed-door talks to end the $600 unemployment benefits appear to be going nowhere. Nancy Cordes reports.
Trump threatens to impose sweeping new tariffs on Mexico, Canada and China
He said he'd do it to help crack down on illegal immigration and drugs. Economists say such tariffs could dramatically raise prices on everything from gas to autos.
Chinese military aircraft shadow U.S. Navy spy plane over Taiwan Strait
China sent military planes to track a U.S. anti-submarine Navy aircraft as it transited the Taiwan Strait, Beijing says, as tension mounts between the superpowers.
Special counsel seeks to end bid to revive documents case against Trump
Special counsel Jack Smith asked a federal appeals court to dismiss his appeal in the documents case against President-elect Donald Trump.
FBI agent acquitted in 2020 train shooting is arrested for sexual assault
An FBI agent who in 2022 was acquitted of attempted murder for shooting a man on a train near Washington, D.C., has been accused of sexual assault.
Trump transition aide Boris Epshteyn sparking internal strife over appointments
Republicans vying for jobs allege Trump transition aide Boris Epshteyn has been mixing private consulting with his transition role.
Walmart the latest big corporation to scale back DEI policies
Walmart is rolling back its diversity, equity and inclusion policies, joining a growing list of major corporations doing the same after coming under attack by conservative activists.
Osprey ferrying White House staff in N.Y. grounded due to safety issue
An Osprey being used to ferry White House staff and government officials from an event in New York was grounded Monday.
World's oldest man dies in England
John Tinniswood, the world's oldest man, has died in northern England. He credited his longevity largely to "pure luck," but did offer advice about over-indulging - in anything.
Drake accuses Spotify, UMG of inflating Kendrick Lamar's "Not Like Us"
The petition alleges UMG used bots to drive up streams on "Not Like Us," paid radio promoters to increase air play and paid Apple to have Siri misdirect users to Kendrick Lamar's hit song.
U.S.
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FBI agent acquitted in 2020 train shooting is arrested for sexual assault
An FBI agent who in 2022 was acquitted of attempted murder for shooting a man on a train near Washington, D.C., has been accused of sexual assault.
Osprey ferrying White House staff in N.Y. grounded due to safety issue
An Osprey being used to ferry White House staff and government officials from an event in New York was grounded Monday.
Sonar image was not Amelia Earhart plane, exploration team says
A sonar image suspected of showing the remains of the plane of Amelia Earhart has turned out to be a rock formation.
Animal rescue pilot and dog killed in plane crash; 2 dogs survive
Seuk Kim was flying three dogs from Maryland to Albany, New York, when the plane crashed in the snowy woods of the Catskill Mountains, officials said.
Planning to retire at 65? Most Americans have to stop working earlier.
Most Americans are forced to retire earlier than they had expected, often disrupting their financial planning.
MoneyWatch
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Biden wants drugs like Wegovy, Ozempic covered by Medicare, Medicaid
Millions of Americans would be eligible to have popular weight-loss drugs like Wegovy or Ozempic covered by Medicare and Medicaid under a rule the Biden administration has proposed.
Walmart the latest big corporation to scale back DEI policies
Walmart is rolling back its diversity, equity and inclusion policies, joining a growing list of major corporations doing the same after coming under attack by conservative activists.
Planning to retire at 65? Most Americans have to stop working earlier.
Most Americans are forced to retire earlier than they had expected, often disrupting their financial planning.
Trump threatens to impose new tariffs on Mexico, Canada and China on first day in office
President-elect Donald Trump threatened to impose new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and drugs.
Starbucks impacted by ransomware attack on software vendor
Starbucks managers forced to rely on manual systems to handle baristas' pay, but customers unaffected.
Politics
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No-fault divorce advocates start to fret as talk of banning it bubbles up
Warnings have been popping up on social media urging women who might be considering divorce to "pull the trigger" while they still have the option of no-fault divorce.
Biden wants drugs like Wegovy, Ozempic covered by Medicare, Medicaid
Millions of Americans would be eligible to have popular weight-loss drugs like Wegovy or Ozempic covered by Medicare and Medicaid under a rule the Biden administration has proposed.
Walmart the latest big corporation to scale back DEI policies
Walmart is rolling back its diversity, equity and inclusion policies, joining a growing list of major corporations doing the same after coming under attack by conservative activists.
Biden will attend Trump's inauguration in January, White House says
President-elect Donald Trump skipped President Biden's inauguration following Trump's supporters' Capitol assault.
White House Christmas tree came from Helene-devastated tree farm
A tree that survived Hurricane Helene in North Carolina was unveiled as the 2024 White House Christmas tree.
HealthWatch
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West Virginia ends promising subsidy program for GLP-1 weight loss drugs
In 2020, West Virginia launched a pilot program to subsidize GLP-1 drugs for public employees, but the program was shuttered in March.
As many as 1 in 5 people won't lose weight with GLP-1 drugs, experts say
About 20% of patients — as many as 1 in 5 — may not respond well to medications like Mounjaro and Wegovy, according to several obesity experts.
A study to devise nutritional guidance just for you
When it comes to eating healthy, all of us respond to foods differently. The National Institutes of Health's new nutrition study hopes to finally provide Americans a personalized answer to the question: "What should I eat?"
A study to personalize nutrition guidance just for you
From the four food groups to the Food Pyramid, the U.S. government has long offered guidance to Americans hoping to eat a healthier diet. But there's growing scientific consensus that when it comes to eating healthy, all of us respond to foods differently. And to prove it, the National Institutes of Health has embarked on the most ambitious nutrition study ever, hoping to finally provide Americans a personalized answer to the question: "What should I eat?" Correspondent Lee Cowan reports.
New treatments offer hope for older patients with a deadly cancer diagnosis
Glioblastoma typically kills within 18 months, but a new type of treatment has kept Nadya El-Afandi's scans clear 17 months after diagnosis.
World
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Chinese military aircraft shadow U.S. Navy spy plane over Taiwan Strait
China sent military planes to track a U.S. anti-submarine Navy aircraft as it transited the Taiwan Strait, Beijing says, as tension mounts between the superpowers.
Baboons are clashing with humans in South Africa's tourist hotspots
South Africa's Cape Peninsula is a big tourist draw, but it's also home to hundreds of brazen baboons, and there's fear people-monkey encounters are set to rise.
World's oldest man dies in England
John Tinniswood, the world's oldest man, has died in northern England. He credited his longevity largely to "pure luck," but did offer advice about over-indulging - in anything.
Lawmakers brawl over deadly train station roof collapse in Serbia
Scuffles and fistfights broke out weeks after a deadly rail station roof collapse that ignited tensions in the Balkan state.
Mystery of serial shoe robber solved when camera catches culprit
Police thought a shoe thief was on the loose at a kindergarten, until a security camera caught the furry culprit in action.
Entertainment
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Entertainment
Brittney Griner shares pictures of baby Bash
Brittney Griner and her wife Cherelle welcomed their son, Bash, in July. Now, they're sharing adorable family photos and looking ahead to their first Christmas together.
Drake accuses Spotify, UMG of inflating Kendrick Lamar's "Not Like Us"
The petition alleges UMG used bots to drive up streams on "Not Like Us," paid radio promoters to increase air play and paid Apple to have Siri misdirect users to Kendrick Lamar's hit song.
"Glicked" sweeps box office
"Wicked" led the box office with $114 million, while "Gladiator II" earned $55 million in a record-setting pre-Thanksgiving weekend. The combined success marks the biggest pre-Thanksgiving weekend opening since the COVID-19 pandemic. Rebecca Rubin, a senior film and media reporter with Variety, has more.
"Wicked," "Gladiator II" soar at box office
While "Gladiator II" earned $55 million at the box office domestically, "Wicked" soared with $114 million. It was the biggest pre-Thanksgiving weekend opening since the COVID-19 pandemic, with the two movies earning the nickname "Glicked."
Best-selling novelist Barbara Taylor Bradford dies at 91
Barbara Taylor Bradford was one of the world's most popular and wealthiest writers, her net worth estimated at more than $200 million.
Technology
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Technology
AI grandma tool helps fend off phone scams
British phone company Virgin Media O2 has developed an AI-generated grandmother to talk to scammers all day and waste their time so you don't have to. CBS News Confirmed executive producer Melissa Mahtani has more on the "grandma" and how you can protect yourself from phone scams.
Starbucks impacted by ransomware attack on software vendor
Starbucks managers forced to rely on manual systems to handle baristas' pay, but customers unaffected.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
How AI can help to plan your next vacation
More than one third of travelers says they've incorporated artificial intelligence into their travel planning, according to a recent survey. CBS News compared how efficient booking a trip with the help of AI is compared to doing the research yourself.
Microsoft 365 is experiencing an outage. Here's what to know.
Microsoft said it's investigating an issue impacting access to Microsoft 365 and its Teams app.
Science
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Science
Dishing up space food
At the Johnson Space Food Systems Laboratory in Houston, NASA scientists develop dishes – freeze-dried, heat-stabilized, or irradiated – to serve on the International Space Station. Correspondent David Pogue checks out what's on the menu in Earth orbit.
How are U.S. winters permanently changing?
This winter, the National Oceanic and Atmospheric Administration predicted above-average temperatures throughout the U.S. because of a "slowly developing" La Niña pattern. CBS News Sacramento meteorologist Tracy Humphrey reports on the changing winter conditions.
Emperor penguin found on Australian beach released at sea after 20 days of care
The only emperor penguin known to have swum from Antarctica to Australia was released at sea 20 days after he waddled ashore on a popular tourist beach.
Iceland volcano flares in region's 7th eruption in one year
A volcano erupted in southern Iceland, near the town of Grindavík and the Blue Lagoon spa, marking the region's seventh eruption in a year.
How collecting pine cones helps renew Oregon forests after wildfires
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
Crime
More Crime
FBI agent acquitted in 2020 train shooting is arrested for sexual assault
An FBI agent who in 2022 was acquitted of attempted murder for shooting a man on a train near Washington, D.C., has been accused of sexual assault.
Menendez brothers resentencing delayed
A California judge on Monday delayed his decision on whether to resentence the Menendez brothers until January. In October, the outgoing Los Angeles district attorney requested a judge reconsider Lyle and Erik's sentences for the 1989 murders of their parents after new evidence was introduced. CBS News correspondent Elise Preston reports.
NFL, NBA warn players about burglaries
The NFL and the NBA have issued warnings to players about transnational gangs that may be targeting them for burglaries. CBS News national security contributor Sam Vinograd has more on the criminals behind the schemes.
Paths for Menendez brothers' freedom
There are three legal paths for the Menendez brothers to potentially leave prison after serving several decades for the 1989 killings of their parents. CBS News legal contributor Jessica Levinson breaks down the latest in their legal battle.
White Florida woman sentenced to 25 years for fatally shooting Black neighbor
Susan Lorincz was sentenced to 25 years in prison for shooting Ajike Owens, her Black neighbor, through her front door last year.
Space
More Space
Blue Origin launches 6 tourists to the edge of space
Marc and Sharon Hagle, both making their second space flight, were among the passengers for the NS-28 mission.
Blue Origin launches 9th space tourism flight
The ninth Blue Origin space tourism flight launched from West Texas Friday morning. CBS News space consultant Bill Harwood and space expert Scott Heidler offered analysis of the flight.
Trump, Musk attend SpaceX launch
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
SpaceX launches Super Heavy-Starship, with Trump there to watch
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Far side of the moon once had erupting volcanoes, lunar soil shows
Researchers analyzed lunar soil brought back by China's Chang'e-6, the first spacecraft to return with a haul of rocks and dirt from the little-explored far side.
Latest Galleries
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Evidence in "The Dexter Killer" case
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
Summer music heats up 2024
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Latest CBS News Videos
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Latest CBS News Videos
Brittney Griner shares pictures of baby Bash
Brittney Griner and her wife Cherelle welcomed their son, Bash, in July. Now, they're sharing adorable family photos and looking ahead to their first Christmas together.
AI grandma tool helps fend off phone scams
British phone company Virgin Media O2 has developed an AI-generated grandmother to talk to scammers all day and waste their time so you don't have to. CBS News Confirmed executive producer Melissa Mahtani has more on the "grandma" and how you can protect yourself from phone scams.
Breaking down this week's travel expectations
TSA is planning to screen 18.3 million passengers and AAA is projecting 71.7 million people will drive more than 50 miles in what looks to be a record-breaking week of Thanksgiving travel. CBS News' Errol Barnett and Kris Van Cleave have the latest.
Optimism on Israel-Hezbollah cease-fire deal
At least 31 people were killed in Beirut Monday as Israel launched more airstrikes into Lebanon amid a renewed push for a cease-fire deal between the Israelis and Hezbollah. CBS News foreign correspondent Debora Patta has more.
Trump threatens tariffs on Mexico and Canada
President-elect Donald Trump is threatening to impose tariffs on Mexico, Canada, and China as soon as he takes office in January. In a social media post, Trump said the tariffs would remain in place against Mexico and Canada, "until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!" CBS News political reporter Katrina Kaufman has the latest on the incoming Trump administration.